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Commercial Land on Highway 98
For Sale
$1,199,000

5400 East Highway 98, Panama City, FL 32404

Commercial land on high-traffic corner of Highway 98.

Property Size101,494 SF
Price / SF$11.81
Days on Market705

Property Features for 5400 East Highway 98

General Information

Standard status Active
Size 101,494 SF
Property subtype Land / Vacant Land
Zoning Commercial

Taxes and HOA fees

Annual Taxes $3,763

Amenities

0.0
Listing Agency: Beach Sunsets Inc
Listed By: Barney R Manuel · License #485762
Source: Compass
Added: Nov 29, 2024 Changed: Oct 25 Last Checked: Nov 1 at 8:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beach Sunsets Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering includes two separate parcels, both zoned for commercial use. One of the parcels is identified as 25798-020-000. The property is located on a high-traffic corner directly on Highway 98.

Key Highlights

  • High traffic corner location
  • Located directly on Hwy 98
  • Zoned commercial

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land on high-traffic corner of Highway 98.
Where is this commercial land located?
The property is located at 5400 East Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: High traffic corner location; Located directly on Hwy 98; Zoned commercial
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Includes: Price & PSF · Cap rate · Location · Zoning

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